Online Marketplace Verishop Acquires Data Firm Trendalytics
E-commerce marketplace Verishop bought data analytics firm Trendalytics in a cash and equity deal that closed in March. Financial terms of the deal were not disclosed.
Hair & Make-Up
The Business of Beauty Haul of Fame: This Makeup Artist Drives Pop Music
From Glossier-themed Bat Mitzvahs to the return of tramp stamps, the week in beauty news.
The Business of Beauty Haul of Fame
Welcome to Haul of Fame, a weekly roundup of the biggest beauty moments of the week, why they matter … and why some of them might not, even though they sure are gorgeous.
How Isamaya Ffrench Is Reinventing Beauty
The make-up wunderkind and BoF 500 cover star is growing a beauty brand that’s less about prettification and more about ‘world building’ for a generation that grew up with the speed and fluidity of the internet.
Beauty
What Will Define Beauty’s Next Era of Growth?
From skin care and fragrance to colour cosmetics and hair care, the outlook for the global beauty industry is rosy in the years ahead, even amid hyper-competition, channel mix challenges, and rapid innovation and production cycles. The State of Fashion: Beauty explores what lies ahead.
What Will Define Beauty’s Next Era of Growth?
From skin care and fragrance to colour cosmetics and hair care, the outlook for the global beauty industry is rosy in the years ahead, even amid hyper-competition, channel mix challenges, and rapid innovation and production cycles. The State of Fashion: Beauty explores what lies ahead.
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Beauty
The State of Fashion Special Edition | The New Face of Beauty
The special edition of The State of Fashion report by BoF and McKinsey & Company explores the reshaping of the global beauty industry. Download the full report to learn about the key dynamics that will impact all categories in the years ahead, from the rise of wellness to the influence of Gen-Z.
The State of Fashion Special Edition | The New Face of Beauty
The special edition of The State of Fashion report by BoF and McKinsey & Company explores the reshaping of the global beauty industry. Download the full report to learn about the key dynamics that will impact all categories in the years ahead, from the rise of wellness to the influence of Gen-Z.
Beauty
With New Beauty Hall, Selfridges Bets on Hair Inclusivity
The famed London department store is launching a new 3,500 square foot beauty hall dedicated to haircare, combining an offering of new services and products for a range of textures with hair accessories, jewellery and piercing services in one space.
With New Beauty Hall, Selfridges Bets on Hair Inclusivity
The famed London department store is launching a new 3,500 square foot beauty hall dedicated to haircare, combining an offering of new services and products for a range of textures with hair accessories, jewellery and piercing services in one space.
Makeup Artist Brands Are Beauty’s Best Bet
As frothy beauty valuations come back down to earth, a group of artist-led lines are being primed for acquisition.
Why I’m Optimistic About Beauty in 2023
Despite the numerous challenges hurled at the beauty industry the last few years, brands should feel good about the year ahead.
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The News in Brief
Balmain Names New CEO
French fashion house Balmain has appointed Matteo Sgarbossa as chief executive, effective May 6.
China’s Q1 GDP Growth Likely to Slow, More Stimulus on the Cards
The world’s second-largest economy has struggled to mount a strong and sustainable a post-pandemic bounce, burdened by a protracted property downturn, mounting local government debts and weak private-sector spending.
Hermès Can Surpass Vuitton as Luxury’s Biggest Brand, Citi Says
The Birkin bag maker’s sales are set to hit the “symbolic” €20 billion ($21.3 billion) level by 2027 or before, according to an Apr. 12 note by Thomas Chauvet.
Coty Announces College Basketball Star Jared McCain as Sally Hansen Ambassador
20-year-old Duke University guard McCain will be the nail care brand’s first-ever athlete ambassador.
Thailand’s Central Buys German Luxury Retail Property Kadewe
Thai retailer Central Group has acquired the landmark KaDeWe property in central Berlin from the insolvent Austrian company Signa in what it said was another step towards buying the group.
Temu Likely to Face Tougher Online Content Rules as EU Users Soar
PDD Group’s fast-fashion e-commerce retailer Temu is likely to be subject to tough EU online content rules that already apply to Meta Platforms, Google, Elon Musk’s X and TikTok after its average monthly users in Europe rose above a key threshold.
Sephora Turns to Nike E-Commerce Exec to Overhaul China Business
The LVMH-owned beauty retailer has struggled to replicate the success of its European and north American operations in the region, which has incurred heavy losses against fierce domestic competition.